Loan In Cryptocurrency – Limited time offer

Looking for Loan In Cryptocurrency…YouHodler is a Swiss-based business that functions as a crypto-backed loan service provider. Among its primary concepts is that you can still HODL, without having to wait on a spike to sell.

It allows users to obtain fiat funds quickly, based on the value of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most useful function would be the option to withdraw fiat to an individual checking account or individual credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to think about YouHodler as a bank for your cryptocurrency. It is efficient and fast, allowing users to transfer their crypto properties with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or a financier would possibly need. Simply put, YouHodler provides a range of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The business offers dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Loan In Cryptocurrency

Possibly the most noteworthy feature at YouHodler is its capability to use you loans. An investor might think about these financing chances as a means of hedging. Most importantly, it offers you access to a versatile path to go into the cryptocurrency trading markets.

With a crypto-backed line of credit, you can get fiat when you require it without touching your crypto portfolio at all. It gets rid of a huge part of the threat that accompanies financial investment choices.

 

YouHodler is undoubtedly a leading player in this area– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Exceeding its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can get both instantaneous cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The interest rates on crypto loans are relatively reasonably at 12% APR. If you are taking out a short-term loan, you might get your interest rate as low as 2.5%.

Now let’s break down the loan process that YouHodler has in place.

 

YouHodler provides you a few alternatives to choose how you wish to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you utilize several altcoins as security.

The initial application process works as follows:

Make a demand using your crypto assets as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will immediately get the collateral back, regardless of whether its worth has actually increased.

As you can see from the above, the procedure is as smooth as it could be. The company does not perform any credit score checks or take time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a confirmed account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various bundles for loans that come with predefined terms.

    There are three choices for loan durations:.

    One month– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rates of interest is not determined by the amount of collateral that you set up. Rather, it depends on the type of strategy you choose.

    YouHodler offers the exact same interest rate for all its users. As the neighborhood grows, the supplier hopes that its rate of interest will likewise drop accordingly. YouHodler also has an affiliate program to motivate its users to welcome others to sign up with the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Solid Insurance. Crypto properties are insured for up to $150 million.
    Stablecoin Interest. YouHodler provides a few of the very best interest rates for stablecoins.
    Unique Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Versatile Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be used as collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather recent compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

    Cryptocurrencies are volatile creatures. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Neither method is especially easy to do because of volatility.

    If you might just transfer your crypto somewhere and earn interest on it, what. By doing this, if the price increases by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on cost savings. Youhodler can handle that also given that it loans out its crypto on deposits if you’re in the market for a crypto-backed loan. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Loan In Cryptocurrency

    The company’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States as well as in about a dozen other countries.